Bitcoin, the largest cryptocurrency by market capitalization, declined nearly 6%, dropping below the $65,000 level for the first time in nearly ten days. The asset’s price drop ushered massive liquidation in derivatives markets. Several altcoins and meme coins noted massive drawdowns in response to Bitcoin’s correction. The biggest declines were noted by Sei...
Bitcoin (BTC) surges as cryptocurrency momentum strengthens. Amidst growing investor interest and positive market sentiment, BTC experiences significant price gains. Analysts attribute this bullish trend to increasing adoption, institutional investment, and favorable regulatory developments. As BTC continues to ride this wave of momentum, traders and investors...
Despite its bullish run, Bitcoin faced significant volatility, with prices fluctuating between $65,000 and $70,000 throughout the week, reflecting ongoing market uncertainty.
Bitcoin (BTC) price shows a slowdown in momentum as it set up a new all-time high of $73,949 on March 13. Considering the massive uptrend that BTC has been experiencing, a short-term correction is nothing to be concerned about.
Based on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run. Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330. In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420. Near EOY...
all the information he said in the video. if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
If History Repeats We Will See BTC At $89900 Between 18 April 2024 to 22 April 2024 drive.google.com
Let's see if this might be similar to previous bear market.
When the image becomes reality!! Search the entire trading view, see which trader can analyze like me and predict the price jump of Bitcoin to 61,000, with only one scenario!! So, this is a very good reason for you to follow me, if you want to be added to my special channel (monthly fee of 110 dollars) send me a private message. Well, as you can see in the...
HELLO TRADERS, As i can #BTC has done a retracement of 9k$ and now created a Double Bottom Its a strong support zone too for BTC & it's now testing the Trend line also so technically it's a great area for buying BTC with a small risk al looking for a huge rewards friends EFT and many more things are happening around the world for Crypto Legalization. fundamentally...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Rejection from Fibonacci Level - 161.8% and Daily Resistance Level Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement
BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
In February, trading in the BTCUSDT pair started at around $42,000. This value is approximately in the middle of the trading corridor with critical limits of $39000-39500 and $44250-44750 If you look at the left corner of the chart, you will see a table that shows that statistically, February is "green" for the BTC price Only February 2020 "subtly hinted" at how...
As we can see BTC has moved down to our previous target of 40500 and tapped the fill of the imbalance and the average volume line (blue line between the 2 green) now the price has shifted structure and ideally i would like us to tap the zone above and continue the push down, however if the price does decide to continue the bullish momentum, then 51100 would be an...
3 Bull & Bear Markets Bull markets took around 152 weeks... then V v v v v Bear Markets took around 52-59 weeks.. then v v v v v v v Bull Market gain... ---------------------------------------------------------------------------------------------------------- After 2021 ATH BTC recorded his current bottom after 52 weeks ( 15500 $). BTC pumped after ...